More From IBT Staff Reporter
Coca-Cola sales beat estimates; shares up
Coca-Cola Co reported higher-than-expected quarterly sales, helped by its third straight quarter of sales growth in North America.
Feb 09, 2011
Justin Bieber film opens early with $30 tickets
Justin Bieber superfans don't have to wait until the official Friday release date to see his new 3D concert movie.
Feb 09, 2011
HP's Palm set to unveil tablet
It's the $1.2 billion question: What is Hewlett-Packard's new Palm unit cooking up for tablet computers?
Feb 09, 2011
Google man Wael Ghonim emerges as the face of Egypt protests
The ongoing anti-government Egypt protests now has a face in Wael Ghonim, the Egyptian-born Google marketing executive who first hit the headlines after he disappeared into police custody.
Feb 09, 2011
Nissan Q3 falls but forecasts lifted on higher sales
Nissan Motor Co's <7201.T> quarterly profit fell 15 percent on a stronger yen and sliding Japanese demand, but the decline was the slimmest among local automakers and it lifted its outlook on growing overseas sales.
Feb 09, 2011
Coca-Cola volume strong
Coca-Cola Co reported higher-than-expected quarterly sales, helped by its third straight quarter of sales growth in North America.
Feb 09, 2011
Coca-Cola profit soars on North American growth
Coca-Cola Co reported sharply higher quarterly earnings that met Wall Street estimates on Wednesday, helped by its third straight quarter of sales growth in North America.
Feb 09, 2011
F1 greats blast Renault's decision to release Kubica for rally
Formula One greats have blasted F1 team Lotus Renault GP for their decision to allow their driver Robert Kubica to take part in the rally, which led to a serious accident, so close to the start of the F1 season.
Feb 09, 2011
Apple commences iPad 2 production
Word is out that the much awaited tablet from Apple camp; the iPad 2 is under production, confirming earlier reports claiming that tablet is due for launch in April.
Feb 09, 2011
Britain's LSE in deal to buy Toronto exchange
The London Stock Exchange is to buy Canada's TMX stock exchange operator to create the world's fourth-largest trading center and claw back some of the market share it has lost in recent years.
Feb 09, 2011
House panel chief sees no future in new $53 bln high-speed rail plan
The White House unveiled plans to spend $53 billion over the next six years on bringing high-speed rail service to 80 percent of Americans within 25 years, though House Transportation Committee chairman John Mica and Railroads Subcommittee chairman Bill Shuster expressed reservations over its future benefit.
Feb 09, 2011
Pittsburgh-based company books first ticket to moon in $30-mln Lunar Race
Getting a head start in a $30 million Lunar race, Pittsburgh-based company, Astrobotic Technology, has already booked a ticket to the moon on SpaceX.
Feb 09, 2011
Stocks set to open lower as rally flags
Wall Street was set for a slight fall on Wednesday, after a strong run that has taken share prices to their highest levels in more than two and a half years, and with investors awaiting the latest batch of earnings in a reporting season in which most companies have beaten forecasts.
Feb 09, 2011
U.S. space company to launch first private Moon mission in 2013
Pennsylvania-based Astrobotic Technology Inc. has announced a contract with SpaceX to launch Astrobotic's robotic payload to the Moon on a Falcon 9 rocket as early as December 2013.
Feb 09, 2011
LG wants Sony PS3 banned in US
LG, Sony are indulging in patent wars over PS3
Feb 09, 2011
Sanofi says Genzyme bid talks progressing
Sanofi-Aventis reported progress in talks to buy U.S. biotech Genzyme and predicted 5-10 percent lower earnings in 2011, underscoring the French drugmaker's need to find new sources of revenue growth.
Feb 09, 2011
China to stick to gradual tightening despite risk: Reuters poll
China's central bank is poised to raise benchmark interest rates twice more in the first half of 2011 for a total tightening of 50 basis points, before keeping them steady for the remainder of the year, a Reuters poll on Wednesday showed.
Feb 09, 2011
Jana Kramer of 'One Tree Hill' heads to Nashville
She has signed a deal with Warner Music
Feb 09, 2011
One third of internet users get computer virus in European Union
Nearly one third of internet users in European Union caught a computer virus last year, according to recently released figures from Eurostat, the statistical office of the European Union.
Feb 09, 2011
New details on Battlefield 3 surface
Just days after DICE formally confirmed the 2011 fall release of Battlefield 3, the media is abuzz with reports on new leaked details and speculations.
Feb 09, 2011
Gates Foundation invests in Facebook-like social media platform for schools
The Foundation invests $2 million in educational technology company Inigral Inc. in order to fund the development and marketing of Schools App - the Company's education-focused social media technology product
Feb 09, 2011
Future Technology: Rollable iPads, E-readers, E-sheets
The University of Cincinnati (UC) and industry researchers reviewed the technologies that will bring devices including: rollable iPads, e-readers and virtually indestructible e-sheets.
Feb 09, 2011
Nissan Q3 down 15 percent, ups forecast to match consensus
Nissan Motor Co's <7201.T> quarterly profit fell 15 percent on a stronger yen and sliding Japanese sales, but the decline was the slimmest among local automakers as a slew of new models helped Nissan beat the sector's growth in key markets.
Feb 09, 2011
Lady Gaga posts her Vogue cover ahead
She did it before the magazine hits the stands
Feb 09, 2011
DOE sets 1 million electric vehicles as target by 2015
The ambitious project of installing 1 million electric vehicles on American highways by 2015 is ambitious and also achievable based on steps already taken as part of the Recovery Act and additional policy initiatives proposed by President Obama, the US Department of Energy said in a statement today.
Feb 09, 2011
Stocks slip after China hike
World stocks fell from this week's 29-month high on Wednesday as China's interest rate rise prompted investors to book profits, while general optimism over global growth sent 10-year U.S. bond yields to nine-month highs.
Feb 09, 2011
Facebook opens sales office in Hong Kong
Social networking site Facebook on Tuesday opened shop in Hong Kong to expand its presence in Asia notwithstanding its ban in mainland China.
Feb 09, 2011
Julia confirmed as the Evil Queen for Snow white
Universal Pictures too has another evil queen in Charlize Theron
Feb 09, 2011
After Super Bowl embarrassment, Christina Aguilera gets shot at national redemption
After the embarrassing fumble at the Super Bowl, Christina Aguilera is getting a shot at redemption with a minor league baseball team inviting her to sing the National Anthem at MCU Park this summer.
Feb 09, 2011
As states squeeze budget, community college admissions become more restrictive
Results of a national survey indicate the growing stress on two-year colleges in the face of repeated budget cuts and steadily rising demands from a population grappling with unaffordable costs of a four-year college degree.
Feb 09, 2011
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